Adroit Infotech Ltd

Adroit Infotech Ltd

₹ 21.9 -5.04%
21 Nov - close price
About

Incorporated in 1990, Adroit Infotech Ltd is primarily engaged in the business of SAP Support Services. Company helps organizations to reduce costs and improve effectiveness and efficiency through internal process improvements using SAP products and solutions.

Key Points

Business Overview[1][2]
Adroit is a Specialist SAP Consulting Company that helps organizations through internal process improvements using SAP products
and solutions. The company is focused on Large Enterprises & Mid-Market. It helps customers design, implement and integrate SAP solutions, optimize business processes, and provide strategic business consultation

  • Market Cap 54.4 Cr.
  • Current Price 21.9
  • High / Low 30.4 / 13.9
  • Stock P/E 12.5
  • Book Value 21.3
  • Dividend Yield 0.00 %
  • ROCE 13.3 %
  • ROE 10.9 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.03 times its book value
  • Company is expected to give good quarter
  • Promoter holding has increased by 2.45% over last quarter.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 39.1%
  • Company might be capitalizing the interest cost
  • Company has high debtors of 207 days.
  • Promoter holding has decreased over last 3 years: -13.1%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
2.22 1.26 0.91 5.81 6.46 5.63 4.54 5.92 4.14 7.08 7.71 6.56 7.07
1.45 0.69 1.62 3.36 3.54 3.86 6.26 5.06 4.93 4.68 5.50 5.93 6.24
Operating Profit 0.77 0.57 -0.71 2.45 2.92 1.77 -1.72 0.86 -0.79 2.40 2.21 0.63 0.83
OPM % 34.68% 45.24% -78.02% 42.17% 45.20% 31.44% -37.89% 14.53% -19.08% 33.90% 28.66% 9.60% 11.74%
0.00 0.04 0.01 0.04 0.08 0.07 0.08 0.05 0.01 0.01 0.90 0.36 0.29
Interest 0.04 0.03 0.07 0.04 0.04 0.04 0.17 0.03 0.06 0.03 0.12 0.09 0.18
Depreciation 0.26 0.19 0.37 0.29 0.31 0.31 0.59 0.40 0.39 0.40 0.40 0.36 0.43
Profit before tax 0.47 0.39 -1.14 2.16 2.65 1.49 -2.40 0.48 -1.23 1.98 2.59 0.54 0.51
Tax % 25.53% 0.00% -0.88% 0.00% 9.43% 26.17% -22.50% 10.42% -41.46% 20.71% 29.34% 11.11% 11.76%
0.35 0.39 -1.13 2.16 2.39 1.09 -1.86 0.43 -0.72 1.57 1.83 0.49 0.45
EPS in Rs 0.08 0.09 -0.25 0.47 0.52 0.21 -0.37 0.08 -0.13 0.29 0.34 0.20 0.18
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 9m Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.04 19.10 18.23 52.95 37.95 15.71 8.02 6.18 6.37 22.45 24.86 28.42
0.09 16.83 16.31 33.51 26.21 16.26 7.33 4.33 4.49 16.93 20.11 22.35
Operating Profit -0.05 2.27 1.92 19.44 11.74 -0.55 0.69 1.85 1.88 5.52 4.75 6.07
OPM % -125.00% 11.88% 10.53% 36.71% 30.94% -3.50% 8.60% 29.94% 29.51% 24.59% 19.11% 21.36%
0.00 -0.43 0.60 0.08 0.10 0.18 -31.33 -0.53 -0.01 0.27 0.98 1.56
Interest 0.00 0.09 0.18 0.35 0.20 0.18 0.25 0.20 0.18 0.39 0.32 0.42
Depreciation 0.10 1.18 0.36 0.21 0.42 0.54 0.33 1.09 1.08 1.51 1.60 1.59
Profit before tax -0.15 0.57 1.98 18.96 11.22 -1.09 -31.22 0.03 0.61 3.89 3.81 5.62
Tax % 0.00% 75.44% -0.51% 17.72% 6.68% -5.50% -0.10% 100.00% -1.64% 2.57% 21.26%
-0.15 0.13 1.99 15.60 10.48 -1.03 -31.19 0.00 0.62 3.78 3.00 4.34
EPS in Rs -0.03 0.03 0.46 3.45 2.31 -0.23 -6.82 0.00 0.14 0.75 0.55 1.01
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 90%
5 Years: 10%
3 Years: 59%
TTM: 40%
Compounded Profit Growth
10 Years: 36%
5 Years: 37%
3 Years: 29%
TTM: 509%
Stock Price CAGR
10 Years: -1%
5 Years: 27%
3 Years: 43%
1 Year: 50%
Return on Equity
10 Years: 17%
5 Years: 12%
3 Years: 16%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 17.47 17.47 17.47 18.07 18.27 18.27 18.27 18.27 18.27 20.27 29.79 40.19
Reserves -1.52 -0.62 2.80 20.06 25.85 18.67 -12.53 -12.53 -11.34 -0.41 5.56 12.51
0.00 4.41 1.98 1.03 1.30 3.73 5.67 1.29 6.60 3.46 3.45 14.90
0.23 3.23 2.42 7.33 10.45 10.61 5.87 7.43 3.98 10.74 8.46 4.86
Total Liabilities 16.18 24.49 24.67 46.49 55.87 51.28 17.28 14.46 17.51 34.06 47.26 72.46
2.23 3.28 3.39 3.52 4.33 12.23 8.81 0.28 8.93 19.94 19.42 21.07
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 3.21 8.66 0.00 1.08 0.97 0.00
Investments 0.00 0.00 6.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
13.95 21.21 15.03 42.97 51.54 39.05 5.26 5.52 8.58 13.04 26.87 51.39
Total Assets 16.18 24.49 24.67 46.49 55.87 51.28 17.28 14.46 17.51 34.06 47.26 72.46

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.04 2.46 8.47 2.52 -1.73 14.56 0.19 -1.95 0.66 5.93 -0.60
0.00 -2.68 -7.32 3.31 -1.33 -8.59 -0.19 1.94 -1.12 -13.86 -10.59
0.00 0.00 -1.29 1.20 -3.99 -6.15 0.00 0.00 0.50 9.04 11.68
Net Cash Flow -0.04 -0.22 -0.14 7.03 -7.05 -0.17 0.00 -0.01 0.04 1.10 0.50

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 13,870.00 233.52 183.20 116.63 144.56 323.41 142.45 248.65 169.03 144.54 207.17
Inventory Days 263.84 0.00
Days Payable 21.30
Cash Conversion Cycle 13,870.00 476.07 183.20 116.63 144.56 323.41 142.45 248.65 169.03 144.54 207.17
Working Capital Days 119,628.75 347.99 221.84 187.15 387.51 583.63 -261.69 100.40 120.33 101.13 154.02
ROCE % 6.61% 9.93% 62.89% 27.00% -2.11% 1.92% 17.90% 8.95% 23.23% 13.30%

Shareholding Pattern

Numbers in percentages

6 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
52.17% 52.17% 52.17% 52.17% 51.95% 50.00% 50.01% 45.07% 46.31% 38.45% 36.61% 39.07%
0.25% 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
47.58% 47.10% 47.83% 47.82% 48.05% 50.00% 49.98% 54.93% 53.68% 61.56% 63.38% 60.94%
No. of Shareholders 11,33611,98412,14812,65413,51313,55513,61814,78915,17917,24118,78518,950

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents